News & Events

Updated: 2019-01-28 10:26:09

Low-income households access social housing in Vietnam

(VBSP News) According to the Vietnam Bank for Social Policies (VBSP), total loan capital for the social housing program will be more than VND1.32 trillion this year, of which State budget will allocate VND663 billion and the rest will be mobilized by the bank.

The annual interest rates for preferential loans to rent and buy social housing or build, upgrade and repair houses under the Decree 100/2015 was 4.8 percent last year. This year’s annual interest rate has not been approved by the Prime Minister yet.